Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Old 09-27-2011, 11:54 AM   #21
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Ed_The_Gypsy's Avatar
Join Date: Dec 2004
Location: the City of Subdued Excitement
Posts: 5,307
This is deja vu. You could be my brother-in-law. (Alan, is that you?)

my bumpersticker:
"I am not in a hurry.
I am retired.
And I don't care how big your truck is."
Ed_The_Gypsy is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 09-27-2011, 05:27 PM   #22
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Purron's Avatar
Join Date: Nov 2007
Posts: 5,584
Originally Posted by DangerMouse View Post
Have to agree with you Steve, I think just as important as sorting out the financial aspect is having your funeral planned. Sometimes it amazes me that people don't have anything organised.

A friend of ours died last year after a 3 year battle with kidney cancer. I have to say it was not much fun once the questions started coming from the hospital who do you want to collect the body and then being presented with a list to choose from. Sitting at the mortuary picking out urns etc. is really not ideal when you lost a loved one 2 days previously.

Take care of it people, don't put that pain on others.
Well said DangerMouse.

I purr therefore I am.
Purron is offline   Reply With Quote
Old 09-28-2011, 10:35 AM   #23
Moderator Emeritus
Nords's Avatar
Join Date: Dec 2002
Location: Oahu
Posts: 26,636
Originally Posted by flyfishnevada View Post
Then, last week my DW wondered about Oregon state income tax. She thought she'd seen something, but wanted to make sure. It turns out the paperwork was for property taxes so she called the Oregon Dept of Revenue and they informed her he hadn't filed since 1997!
Some quick figuring told us that with interest and penalties, that would wipe his estate out. Luckily, we finally talked to the enforcement division and by policy they only go back 4 years. That's still about $20,000, but better than what we were thinking.
Sorry to read about all of this. It's hard to peacefully work through the grief when the financial issues keep popping up.

My grandfather did something similar, although he only skipped four years of tax returns. Another option would be to do the state returns on your own to see if there were any refunds or other unclaimed credits in the first decade of unfiled returns. The theory is that the state already benefited from the foregone refunds/credits and wouldn't have the right to pile on penalties for unfiled returns in later years.

Unfortunately this is a huge research/time effort (on your own) or expense (hiring a CPA). At the sums you're seeing, this forensic math might cost more than the amount at stake.

Here's hoping you're all done with the probate surprises.


The book written on, "The Military Guide to Financial Independence and Retirement", on sale now! For more info see "About Me" in my profile.
I don't spend much time here anymore, so please send me a PM. Thanks.
Nords is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


All times are GMT -6. The time now is 06:32 AM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2018, vBulletin Solutions, Inc.